The African American Cultural and Heritage Facility in East Austin is stimulating business and economic development and adds to the area’s cultural significance with programming for arts, culture and entertainment.
The City of Austin voters approved a $55 million bond package for affordable housing on November 7, 2006. The extraordinary resources have enabled Austin to make great strides in addressing affordability. In fact, 100 percent of the General Obligation housing bonds have been expended and/or committed. Austin’s return on investment has resulted in 2,593 affordable units for rental and homeownership opportunities.